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BTC cautious re-entry stance after liquidation
I’m keeping BTC on my radar after a long position got liquidated. My average entry was 115,718.30 with a total exposure around $383,143, and I’m reminding myself to stay grounded and not get swept up by hype or emotions as the market moves. It’s a reminder that risk management and discipline come first, especially when a setup doesn’t play out as hoped. I’ll reassess only after price action provides clearer signals and risk-reward becomes favorable again.
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Analysis
The opinion centers on a recent long liquidation in Bitcoin, with an average entry around 115.7k and a substantial notional exposure. The tone is disciplined and risk-aware, emphasizing that traders s...
Recommendation
1) Decline further downside risk with a tight stop and reduce exposure until price action confirms a clear support hold or breakout with favorable volume.2) Define a re-entry plan based on specific pr...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.